What is the penalty for missing ITR filing deadline?Till FY 2019-20 (AY 2020-21), an individual was allowed time till the end of the financial year, i.e., March 31 to file belated ITR by payi...
31 Jul, 2023, 04.02 PM IST
How audit trail can lead to increased compliance and transparencyThe purpose to go behind the audit trail is to facilitate employer compliance along with enhancing the enforcement of the law to bring more...
19 Jun, 2021, 10.43 AM IST
Gardening has taught HostBooks founder to bounce back and keep growingKapil Rana said that gardening makes one meticulous and focused.
09 Mar, 2021, 05.43 PM IST
Haven't got income tax refund as yet? You may need to confirm it to the tax deptThis is largely happening in the cases where the difference on account of deductions and exemptions shown in the Form 16 and the ones claim...
27 Jan, 2021, 11.45 AM IST
GST compliance may increase the burden for small firms this yearSmall businesses have so far enjoyed certain compliance relaxations during the GST transition period, however, the revenue loss to the Gove...
04 Jan, 2021, 09.42 AM IST
GST Council extending cess levy beyond 5 years would worry business: ExpertsDeloitte India Partner M S Mani said any decision to extend the cess beyond five years in order to fund the present compensation deficit co...
27 Aug, 2020, 10.21 PM IST
New Form is faceless hand-holding of taxpayers, says CBDT; will help file returns accuratelyFrom this assessment year, taxpayers will see an improved Form 26AS carrying some additional details on taxpayers' financial transactions a...
18 Jul, 2020, 05.01 PM IST
Government may need to further extend tax return deadline if COVID cases continue to rise: ExpertsThe coronavirus cases in the country have exceeded 6.5 lakhs and it may take months before the vaccine is developed or the normalcy is rest...
05 Jul, 2020, 07.35 PM IST
HostBooks founder calls books his mentors, and an indispensable part of lifeKapil Rana says that books have helped me take wise decisions for business and life.
19 Jun, 2020, 05.29 PM IST
Decriminalisation of minor offences to improve ease of doing business, say expertsThe finance ministry on Wednesday proposed to decriminalise minor offences, including those relating to cheque bounce and repayment of loan...
11 Jun, 2020, 05.23 PM IST
IBC suspension to provide breathing space to struggling companies: ExpertsAmong other things, the Ordinance sought to prevent businesses that are experiencing distress on account of unprecedented situation followi...
08 Jun, 2020, 05.44 PM IST
Income tax return forms for FY 2020-21 notifiedTaxpayers including individuals, Hindu undivided family, professionals and businesses, will be able to avail benefits of savings or investm...
31 May, 2020, 08.57 PM IST
Pre-packaged resolution plan to help expedite insolvency process: ExpertsAs part of efforts to fast-track processing of cases, the government has been mulling introduction of the provision for pre-packaged (pre-p...
10 May, 2020, 05.45 PM IST
Central Board of Indirect Taxes allows video conferencing for personal hearings under Customs ActExperts said that the move would help the department transition into the new work culture while also helping in clearing a number of pendin...
28 Apr, 2020, 07.30 PM IST
Cloud solutions for tax compliance gaining popularityThe current lockdown has prompted even fence-sitters to begin using these tools, as they face constraints in accessing critical information...
04 Apr, 2020, 07.59 PM IST
How cloud based accounting solution can fight coronavirus lockdownWhile a majority of small businesses are finding it impossible to manage their team, allot work or even oversee accounting and compliance, ...
31 Mar, 2020, 12.05 PM IST
Know why HostBooks is the fastest growing accounting solution for SMEs19 Mar, 2019, 02.02 PM IST